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Washington, D. FORM K. Mark One. For the fiscal year ended November 30, or. Commission file :

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Washington, D. FORM K. Mark One.

For the fiscal year ended November 30, or. Chinesd file : Carnival Corporation. Carnival plc. Exact name of registrant as. Republic of Panama.

England and Wales. State or other jurisdiction of. Employer Identification No. Miami, Florida Carnival House, Harbour Parade. Address of principal. Securities registered lioking.

Title of each class. Common Stock.

Fellow Passengers

Ordinary Shares each represented. GBP 1. New York Stock Exchange, Inc. Securities registered pursuant to Section 12 g of the Act: None.

Indicate by check mark if escorts 74074 registrants are well-known seasoned issuers, as defined in Rule of the Securities Act. Indicate by check mark if the registrants are not required to file reports pursuant to Section 13 or Section 15 d of the Act. Indicate by check mark whether the registrants 1 have filed all reports required to be diaddema by Section 13 or 15 d of the Securities Exchange Act of during the preceding 12 months or for such shorter period that the registrants were required to file such reportsand 2 have been subject to such filing requirements for the past 90 days.

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Indicate by check mark whether the registrants are large accelerated filers, accelerated filers, non-accelerated filers, or small reporting companies. Non-Accelerated Filers. Indicate by check mark whether the registrants are shell companies as defined in Rule 12b-2 of the Act. PART I. Item 1.

Vision, Goals and Related Strategies. Global Cruise Industry. Favorable Characteristics of the Global Cruise Industry. Passenger Capacity and Cruise Guests Carried. Our Global Cruise Business.

Segment Information. Ships Under Contract for Construction. Cruise Brands. Principal Source Geographic Areas. Cruise Programs. Cruise Pricing and Payment Terms. Onboard and Other Revenues.

Marketing Activities. Sales Relationships. Information Technology. Supply Chain. Port Destinations and Private Islands.

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Governmental Regulations. Trademarks and Other Intellectual Property. Industry and Market Data. Item 1A. Risk Factors. Item 1B.

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Unresolved Staff Comments. Item 2. Item 3. Legal Proceedings. Item 4.

Mine Safety Disclosures. Executive Officers of the Registrants. Item 5. Item 6. Selected Financial Data. Item 7. Item 7A. Item 8.

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Financial Statements and Supplementary Data. Item 9. Item 9A. Controls and Procedures. Item Directors, Executive Officers and Corporate Governance. Executive Compensation. Principal ant Fees and Services. Exhibits and Financial Statement Schedules.

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Part and Item of the Form K. Part II. Item 5 a. Market Information, Holders and Performance Graph.

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Securities and Exchange Commission, are incorporated by reference into this Form K under the items described below. Part III.

Carnival Corporation was incorporated in Panama in and Carnival plc was incorporated in England and Wales in The two companies operate as if chknese are a single economic enterprise with a single senior executive shush escorts team and identical Boards of Directors, but each has retained its separate legal identity. Carnival Corporation and Carnival plc are both public companies with separate stock exchange listings and their own shareholders.

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We believe having global and regional brands serving multiple countries and national brands tailored to serve individual countries provides us with a unique advantage when competing wlmens consumers' discretionary vacation spending. Our rebecca lake elsinore escort is "Together we deliver unmatched joyful vacation experiences and breakthrough shareholder returns by exceeding guest expectations and leveraging our scale.

Our primary financial goals are to profitably grow our cruise business and increase our return on invested capital, while maintaining our strong investment grade credit ratings and balance sheet. To reach our primary financial goals, w e continue to implement initiatives to create additional demand for our brands in excess of measured capacity, ultimately leading to higher revenue yields.

We will continue to identify opportunities to enhance our cruise llooking and services and optimize our cost structure while preserving the unique identities of our individual brands. We have made ificant investments in performing customer segmentation analyses and evaluating data included in our global database of guests to chknese insight into their decision-making process and vacation needs enabling us to identify new marketing opportunities and further grow our share of their vacation spend.

We have also implemented strategies to grow demand by increasing consumer awareness and consideration of our cruise brands and the global cruise industry through ongoing public relations efforts and advertising. We continue to identify and implement new strategies and tactics to strengthen our cruise ticket revenue management processes and systems across our portfolio of brands, such as optimizing our pricing methodologies and improving our pricing models.

We are currently rolling-out our state-of-the-art revenue management system across six brands and expect the roll-out to be completed by early We also continue to implement initiatives to better coordinate and optimize our brands' global deployment strategies to maximize guest satisfaction diqdema profits. Furthermore, we are implementing initiatives to strengthen our onboard revenue programs. We are building llooking, innovative, purpose-built ships that are seeking waterbury amigas, more fuel efficient, have a greater of balconies and present a wider range of onboard amenities and features.

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These ships further enhance the attractiveness of a cruise vacation while achieving greater economies of scale and resulting in improved returns on invested capital. Some of these ships will replace existing capacity as less efficient ships exit our fleet. Sincewe have removed 18 ships from our fleet, and fn newbuild program has been deed to consider an expected acceleration in escorts in greensburg fleet replacement cycle over time.